Loan Payment Protection Insurance Still Facing Problems
Despite the fact that the Financial Services Authority (FSA) investigated the payment protection insurance (PPI) sector and set out guidelines which those selling the cover were to follow, over 4,000 cases of mis-selling are being investigated in 2007. While this fact alone is bad enough, the figure is twice that of the year before, giving consumers cause for concern when buying loan payment protection insurance.
It was hoped that mis-selling would cease following on from ...